cartel
I noun accord, accordance, affiliation, agreement, alliance, amalgamation, association, bloc, body corporate, coadjuvancy, coalition, colleagueship, combination, combine, common consent, community of interest, compact, concert, concord, concordance, concordat, concurrence, confederation, conjunction, consenus, consociation, consonancy, consort, consortium, contract, cooperation, covenant, federation, fusion, group, joint concern, league, merger, mutual understanding, organization, pact, sodality, syndicate, trust, union, unity associated concepts: business cartel, international cartel II index business (commercial enterprise), coalition, compact, confederacy (compact), consortium (business cartel), league, pool, syndicate, treaty, trust (combination of businesses)

Burton's Legal Thesaurus. . 2006


cartel
n.
A coalition of independent producers, usually industrial corporations, who band together to set prices and restrict competition. See also monopoly

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


cartel

Collins dictionary of law. . 2001.


cartel
A group of independent corporations or other entities that join together to fix prices, control distribution, or reduce competition. For exmple, OPEC (Organization of Petroleum Exporting Countries) is an intergovernmental organization that represents 13 oil producing countries. Many private (nongovernmental) cartels operate behind a veil of secrecy, particularly because they are illegal under United States antitrust laws (the Sherman and Clayton Acts).
Category: Business, LLCs & Corporations
Category: Criminal Law
Category: Small Claims Court & Lawsuits

Nolo’s Plain-English Law Dictionary. . 2009.

cartel
1) The term cartel is used to describe any association or arrangement between two or more competitors that is designed to reduce competition between them and so increase prices or profitability beyond the level that could be achieved competitively. Common examples of cartel activity include price fixing, market sharing and bid rigging. Cartels are usually secret and informal. They are strictly prohibited under competition law.
2) The co-operation of companies in a related industry to set prices and avoid competition.
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USA
An agreement between actual or potential competitors that sets, increases or stabilizes their prices or that has an equivalent effect. Examples of cartels include agreements to:
• Allocate markets or customers.
• Limit output, sales volumes or capacity.
• Impose certain sales, credit or delivery terms.
• Rig bids.
The agreements are usually secret and informal. Cartel agreements are per se illegal under Section 1 of the Sherman Act (see Practice Note, Overview of US Antitrust Laws: Per Se Illegality (www.practicallaw.com/9-204-0472)).

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


cartel
n. A group of independent producers or sellers in a particular industry, or a group of businesses with a common interest, who have joined together to reduce competition between themselves by allocating markets, sharing knowledge, or controlling the price and production of a product or service.
See also monopoly, oligopoly.

Webster's New World Law Dictionary. . 2000.


cartel
A combination of producers of any product joined together to control its production, sale, and price, so as to obtain a monopoly and restrict competition in any particular industry or commodity.
Cartels exist primarily in Europe, being illegal in the United States by antitrust laws.
Also, an association by agreement of companies or sections of companies having common interests, designed to prevent extreme or unfair competition and allocate markets, and to promote the interchange of knowledge resulting from scientific and technical research, exchange of patent rights, and standardization of products.
In war, an agreement between two hostile powers for the delivery of prisoners or deserters, or authorizing certain nonhostile intercourse between each other that would otherwise be prevented by the state of war, for example, agreements between enemies for intercommunication by post, telegraph, telephone, or railway.

Dictionary from West's Encyclopedia of American Law. 2005.


cartel
A combination of producers of any product joined together to control its production, sale, and price, so as to obtain a monopoly and restrict competition in any particular industry or commodity.
 
Cartels exist primarily in Europe, being illegal in the United States by antitrust laws.
 
Also, an association by agreement of companies or sections of companies having common interests, designed to prevent extreme or unfair competition and allocate markets, and to promote the interchange of knowledge resulting from scientific and technical research, exchange of patent rights, and standardization of products.
 
In war, an agreement between two hostile powers for the delivery of prisoners or deserters, or authorizing certain nonhostile intercourse between each other that would otherwise be prevented by the state of war, for example, agreements between enemies for intercommunication by post, telegraph, telephone, or railway.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

cartel
n.
   1) an arrangement among supposedly independent corporations or national monopolies in the same industrial or resource development field organized to control distribution, set prices, reduce competition, and sometimes share technical expertise. Often the participants are multinational corporations which operate across numerous borders and have little or no loyalty to any home country, and great loyalty to profits. The most prominent cartel is OPEC (Organization of Petroleum Exporting Countries), which represents all of the oil producing countries in the Middle East, North Africa and Venezuela. Many cartels operate behind a veil of secrecy, particularly since under American antitrust laws (the Sherman and Clayton Acts) they are illegal.
   2) a criminal syndicate like the international drug cartel headquartered in Colombia.
   See also: antitrust laws

Law dictionary. . 2013.

Look at other dictionaries:

  • cartel — [ kartɛl ] n. m. • 1527; it. cartello « affiche », de carta « papier » I ♦ 1 ♦ Vx Carte, papier, par lequel on provoquait qqn en duel. Envoyer un cartel à qqn. 2 ♦ (XVIIIe) Cartouche ornemental qui entoure certaines pendules; la pendule. Un… …   Encyclopédie Universelle

  • cartel — sustantivo masculino 1. Lámina impresa, generalmente de papel, que se coloca en algún lugar visible para hacer propaganda o difundir avisos o noticias: cartel de toros, cartel de cine, cartel publicitario, cartel electoral, cartel de las fiestas …   Diccionario Salamanca de la Lengua Española

  • cartel — CARTÉL, carteluri, s.n. 1. Uniune monopolistă în care mai multe întreprinderi din aceeaşi ramură de producţie încheie o convenţie, stabilind preţurile, condiţiile de vânzare şi de aprovizionare, termenele de plată, cantitatea de mărfuri ce… …   Dicționar Român

  • cartel — Cartel. s. m. Défi par escrit pour le combat, soit que le combat se fasse d ennemi à ennemi, soit qu il se fasse par exercice ou divertissement, comme aux Tournois. Un cartel de defi. envoyer un cartel. donner un cartel. recevoir un cartel.… …   Dictionnaire de l'Académie française

  • cartel — CARTEL. s. m. Défi par écrit pour un combat singulier. Il se dit aussi d Un défi par écrit pour un combat de divertissement, comme aux Tournois. Un cartel de défi. Envoyer un cartel. Donser un cartel. Recevoir un cartel. [b]f♛/b] Il signifie… …   Dictionnaire de l'Académie Française 1798

  • Cartel — bezeichnet eine: US amerikanische Popband, siehe Cartel (Popband) türkischsprachige Rap Gruppe, siehe Cartel (Hip Hop Gruppe) Album der gleichnamigen deutsch türkischen Rapgruppe, siehe Cartel (Album) The Cartel (Tonträger Vertrieb), ein Netzwerk …   Deutsch Wikipedia

  • Cartel — Car*tel , n. [F., fr. LL. cartellus a little paper, dim. fr. L. charta. See 1st {Card}.] [1913 Webster] 1. (Mil.) An agreement between belligerents for the exchange of prisoners. Wilhelm. [1913 Webster] 2. A letter of defiance or challenge; a… …   The Collaborative International Dictionary of English

  • Cartel — Car*tel , n. [F., fr. LL. cartellus a little paper, dim. fr. L. charta. See 1st {Card}.] [1913 Webster] 1. (Mil.) An agreement between belligerents for the exchange of prisoners. Wilhelm. [1913 Webster] 2. A letter of defiance or challenge; a… …   The Collaborative International Dictionary of English

  • cartel — cartel, tener cartel expr. tener buena reputación. ❙ «Quien tiene cartel, vende.» Prensa libre, Guatemala, 43101, 1997. ❙ ▄▀ «Ganará las elecciones porque siempre ha tenido buen cartel.» …   Diccionario del Argot "El Sohez"

  • cártel — sustantivo masculino 1. Área: economía Acuerdo entre empresas con el objeto de limitar los riesgos de la competencia y controlar la producción y los precios de un producto: Muchos estados no permiten la actividad de los cárteles. 2. Conjunto de… …   Diccionario Salamanca de la Lengua Española

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